Tickmill is a global award-winning Forex and CFD provider established in 2015 by the Tickmill Group. Tickmill also offers CFDs on stock indices, oil, precious metals, bonds, and cryptocurrency.
Along with a variety of asset classes, Tickmill is also known for offering superior trading services and solutions which all clients can benefit from. These include industry trading platforms, ultra-fast trade execution flexibility for all trading strategies, a variety of asset classes, tailored account types with great trading conditions, transparent fee structure, competitive spreads & low commissions, flexible leverage with leverage as high as 1:500, negative balance protection, vital educational and research resources, and a dedicated multi-lingual customer support service.
Table of Contents
Tickmill Broker Overview
Broker | Tickmill |
---|---|
Established | 2015 |
Head Office | 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles |
Regulations | FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), LFSA (Malaysia), FSA (Seychelles), BaFin (Germany), CONSOB (Italy), ACPR (France), CNMV (Spain). |
Publicly Listed | No |
Broker Type | STP, NDD |
Product Offering | Forex and CFDs |
Trading Platforms | MetaTrader 4, MetaTrader 5, MetaTrader WebTrader |
Asset Classes | Forex, Indices, Oil, Precious Metals, Bonds, Cryptocurrencies |
Minimum Deposit | Classic – $100 Pro – $100 VIP – $50,000 |
Account Currencies | USD, EUR, GBP, PLN |
Maximum Leverage | 1:500 |
Pricing Model | Spreads and Commissions |
Spreads From | Classic – 1.6 pips Pro – 0.0 pips VIP – 0.0 pips |
Commissions | Classic – Zero Commissions Pro – 2 per side per 100,000 traded VIP – 1 per side per 100,000 traded |
Lot Sizes | Micro, Mini, Standard |
Deposit & Withdrawal Methods | Bank Wire Transfer, Credit and Debit Cards, Skrill, Neteller, FasaPay, UnionPay, Qiwi, Sofort, |
Islamic Account | Yes |
Demo Account | Yes |
Scalping | Yes |
Hedging | Yes |
Pros and Cons
Pros
- Strong regulatory framework.
- Hassle-free account registration process.
- Beginner-friendly.
- All trading strategies allowed (including EAs, hedging, and scalping).
- A variety of asset classes.
- Industry-standard trading platforms.
- Transparent fee structure, with no hidden charges.
- Tailored account types with superior trading conditions and tools.
- Competitive spreads and low commissions.
- Flexible leverage with leverage as high as 1:500.
- Ultra-fast trade execution
- Segregated client fund.
- Negative balance protection.
- Great educational and research offering.
- Dedicated multi-lingual customer support service.
Cons
- Does not accept traders from the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan.
- No proprietary trading platform.
- Limited range of instruments.